GYL Financial Synergies LLC Buys Shares of 9,008 iShares US Real Estate ETF (NYSEARCA:IYR)

GYL Financial Synergies LLC bought a new position in iShares US Real Estate ETF (NYSEARCA:IYR) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 9,008 shares of the real estate investment trust’s stock, valued at approximately $784,000.

A number of other institutional investors have also recently modified their holdings of the stock. Jaffetilchin Investment Partners LLC raised its position in iShares US Real Estate ETF by 420.0% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 20,045 shares of the real estate investment trust’s stock worth $1,745,000 after purchasing an additional 16,190 shares during the period. Banco Santander S.A. increased its position in shares of iShares US Real Estate ETF by 172.9% during the first quarter. Banco Santander S.A. now owns 119,264 shares of the real estate investment trust’s stock worth $10,381,000 after acquiring an additional 75,555 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of iShares US Real Estate ETF by 9.4% during the first quarter. Commonwealth Equity Services LLC now owns 81,811 shares of the real estate investment trust’s stock valued at $7,120,000 after purchasing an additional 7,053 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of iShares US Real Estate ETF by 90.4% during the first quarter. Private Advisor Group LLC now owns 62,124 shares of the real estate investment trust’s stock valued at $5,407,000 after purchasing an additional 29,492 shares in the last quarter. Finally, Virtue Capital Management LLC bought a new position in shares of iShares US Real Estate ETF during the first quarter valued at approximately $432,000.

Shares of NYSEARCA IYR traded down $0.41 during midday trading on Friday, reaching $89.75. 7,822,213 shares of the company’s stock traded hands, compared to its average volume of 8,120,692. iShares US Real Estate ETF has a one year low of $71.41 and a one year high of $91.11. The stock’s 50 day moving average is $88.44.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were paid a dividend of $0.6852 per share. This is an increase from iShares US Real Estate ETF’s previous quarterly dividend of $0.60. This represents a $2.74 annualized dividend and a dividend yield of 3.05%. The ex-dividend date was Monday, June 17th.

iShares US Real Estate ETF Company Profile

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).

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Institutional Ownership by Quarter for iShares US Real Estate ETF (NYSEARCA:IYR)

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